Dr. Leslie Cohen
HITCO Carbon Composites, Inc.
Tel: +1 (800) 421-5444 Fax: +1 (310) 970-5468
Spirit AeroSystems Selects HITCO to Manufacture Composite Beams
Los Angeles, California / Wiesbaden, Germany – December 1, 2009
– HITCO CARBON COMPOSITES, INC (HITCO), Gardena, CA, U.S.A, a subsidiary of the German based SGL
Group - The Carbon Group - announced today that it has signed a Long Term Agreement (LTA) with Spirit AeroSystems, Wichita, Kansas, to supply carbon fiber reinforced composite beam components for the Boeing 787 Dreamliner. Spirit has contracted with The Boeing Company to Manufacture the forward fuselage section of the Dreamliner. HITCO has been selected by Spirit to supply the Section 41 Passenger Floor Beams and Cargo Header Beams.
"HITCO's selection as Boeing 2007 Supplier of the Year in the Major Structures Category as well as our established reputation as long-term supplier to Boeing programs were major factors in Spirit's decision," said Peter M. Hoffman, HITCO President. "We have also performed as a Risk Mitigation Supplier for similar components to other Tier I firms on the Dreamliner Program. We are certain that our investments in automated manufacturing equipment, which support the projected increased build rate of the 787 Program, continue to be instrumental in fulfilling our goal of becoming a world class Tier II Supplier to the aerospace industry," Hoffman concluded. HITCO is approved to Boeing Process Specification BAC 5578.
About HITCO Carbon Composites, Inc.
HITCO Carbon Composites, Inc. was founded in 1922 and
manufactures advanced composite materials primarily for aerospace and
defense applications. HITCO continues to be an innovative leader in
the advancement of carbon composite technologies and continues to
strategically focus within the SGL Group on new projects for
aerospace/aircraft and defense applications.
About SGL Group – The Carbon Company
SGL Group is one of the world’s leading manufacturers of carbon-based
products. It has a comprehensive portfolio ranging from carbon and
graphite products to carbon fibers and composites. SGL Group’s core
competencies are its expertise in high-temperature technology as well as its
applications and engineering know-how gained over many years. These
competencies enable the Company to make full use of its broad material
base. SGL Group’s carbon-based materials combine several unique properties
such as electrical and thermal conductivity, heat and corrosion resistance
as well as high mechanical strength combined with low weight. Due to the
paradigm shift in the use of materials as a result of the worldwide shortage
of energy and raw materials, there is a growing demand for SGL Group’s
high-performance materials and products from an increasing number of
industries. Carbon and graphite products are used whenever other
materials such as steel, aluminum, copper, plastics, wood etc. fail due to
their limited properties. Products from the SGL Group are used predominantly
in the steel, aluminum, automotive, chemical and glass/ceramics industries.
However, manufacturers in the semiconductor, battery, solar/wind energy,
environmental protection, aerospace and defense industries as well as in the
nuclear energy industry also figure among the Company’s customers.
With 40 production sites in Europe, North
America and Asia as well as a service network covering more than 100
countries, the SGL Group is a company with a global presence. In 2007, the
Company’s workforce of around 5,900 generated sales of € 1.4 billion. The
Company’s head office is located in Wiesbaden/Germany.
This press release
contains statements on future developments that are based on currently
available information and that involve risks and uncertainties that could
lead to actual results deviating from these forward-looking statements. The
statements on future developments are not to be understood as guarantees.
The future developments and events are dependent on a number of factors,
they include various risks and unanticipated circumstances and are based on
assumptions that may not be correct. These risks and uncertainties include,
for example, unforeseeable changes in political, economic and business
conditions, particularly in the area of electrosteel production, the
competitive situation, interest rate and currency developments,
technological developments and other risks and unanticipated circumstances.
We see other risks in price developments, unexpected developments relating
to acquired and consolidated companies and in the ongoing cost optimization
programs. SGL Group does not intend to update these forward-looking